Azerbaijan outlaws Western Union and MoneyGram systems over financial transfers to Karabakh

August 2, 2008 - 18:35 AMT
PanARMENIAN.Net - The National Bank of Azerbaijan (NBA) instructed the republic's banks to suspend cooperation with Western Union and MoneyGram transfer systems over "continuous illegal activities with Nagorno Karabakh."



Earlier, the National Bank of Azerbaijan warned the companies "against making transfers to Nagorno Karabakh," Interfax reports.



Day.az portal has recently published several articles to inform that residents of Nagorno Karabakh receive transfers through Western Union è MoneyGram systems.



Due to similar information in Day.az, Migom system has already suspended its transfers to Karabakh.
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